Melbourne Taxation Services
Tax Planning and Advice
Tax Planning & Advice The staff at LFM have extensive knowledge of all taxation legislation to ensure a client’s tax is minimised whilst ensuring all regulations are followed. We provide tax advice in Melbourne on all types of taxes particularly including Income Tax, Capital Gains and GST. It is important to stay abreast of changes in taxation legislation so the staff at LFM are trained up to minute to ensure clients are provided with the most appropriate advice.
Preparation and Lodgement
For those clients requiring the preparation of annual or interim financial statements, LFM have state of the art software to facilitate the preparation of those statements for companies, trusts and partnerships. As a registered tax agent we can prepare and lodge income tax returns for all entities as well as individuals. The office at LFM prides itself on being environmentally friendly thus have implicated a paperless office system. This system allows clients to email all source documents without the need for paper and postage. It also allows LFM to email financial statements, income tax returns and any source documents directly to clients at the click of a button.
Business Activity Statements
At LFM we prepare, review and lodge Business Activity Statements (BAS) on a monthly or quarterly basis depending on your requirements. With the use of the ATO portal, lodgements can be prepared and verified online without manual forms. The staff can also provide advice on the GST implications of certain transactions, particularly those involving properties.
R&D tax incentives are available for companies who have been engaged in research and development that has benefited Australia. LFM can provide advice on the eligibility of your business along with drafting any claims that are required.
Payroll Tax Returns
For those Victorian businesses whose wages exceed $550,000 annually or $45,833 monthly they become liable for payroll tax. Our tax accountants from Melbourne can assist with the registration and any annual reporting obligations a client requires.
The staff at LFM can liaise with the Australian Taxation Office (ATO) on your behalf to settle any disputes, request the remission of any charges or penalties and apply for any lodgement extensions if required.
For tax advice in Melbourne, call Lenton Financial Management on (03) 9854 6330.